If I am single, why do I need life insurance?

Life insurance really pays off (pun intended) if you have a spouse, children or certain debts like student loans or a mortgage. Not to mention funeral costs can be upwards of $7,000. However, as a single person this may look different for you.

Let’s say you are single with none of the above mentioned dependents, life partners, or debts. What is there to protect? For starters, funeral costs aren’t cheap. You could lighten the load of your loved ones by having that burden bore by your life insurance policy. Additionally, chances are you’re probably on the younger side of life.

Did you know that life insurance rates are typically lower for younger customers? One day you may decide to get married, have kids, and buy a house. So, if you get a term life insurance policy with us, we’ll even let you keep that same rate all the way up to the mature age of 65!
In the grand scheme of things, it might actually be in your best interest to grab a policy as a single person—even if you don’t feel like you need it.

Remember, life insurance isn’t necessarily for the present time, it’s for that time of life we all hope to face at a ripe and ready age.

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